CNBC Economy / Updates
- Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC May 28, 2026While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
- Fed’s Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape' May 28, 2026The Minneapolis Fed President warned that persistently high inflation risks becoming embedded in consumer expectations, potentially forcing tougher policy action later.
- ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC May 26, 2026Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.